Bonk Meme Coin Market Cap Reaches $116.49 Billion Amid Bullish Surge
The meme coin segment is experiencing bullish momentum, with the market cap reaching $116.49 billion. The Solana-based meme coin Bonk is gaining attention amid this trend.
Bonk Price Analysis
- Current price: $0.00003423, up 5.06% intraday
- Weekly increase: nearly 35%
- Breakout above a resistance trend line confirmed
- Opposition faced at the 23.60% Fibonacci level near $0.00003421
- Potential upside target over 100% to $0.00008189
- Daily RSI indicates increased buying pressure
Whale Activity
- A whale purchased $4.29 million worth of Bonk tokens
- Total holding increased to 204 billion tokens, valued at $5.9 million
- Whale also holds the official Trump token worth $7.67 million
BONK Price Targets
- Uptrend target: $0.00006413
- Support level to watch: $0.000026 if trend line breaks
- Continued whale support could lead to a new all-time high